🐧 Pudgy Penguins flip BAYC. While the penguins had previously flipped on floor price, a massive run-up today caused the collection to flip BAYC by total market cap, which sits at nearly a half-billion USD.
👽 CryptoPunks Alien sells for $16.4M. The second-largest CryptoPunks sale (in both ETH and USD) was completed yesterday with Punk 7804 selling for 4,850 ETH.
🔵 Base congestion. Dencun's gas fee reduction has pushed more trading activity onto Base, resulting in volumes surging 50%. Base struggled to keep up with demand.
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TODAY IN MARKETS
Coinbase's Base Jump
📊 Base bump. Coinbase stock started the day ripping off a trio of positive catalysts before retracing gains, but a new cycle high this morning could spell a bright future for the stock. What bullish catalysts have pumped COIN?
They’re drawing people onchain, boosting activity across chains, and offering a golden lottery ticket to making it in crypto. The below pointers are a guide to assess memecoins without getting caught up in the hype. These tips can help you set your criteria to define what makes a memecoin an attractive investment opportunity.
Mass adoption of token-governed technologies. With Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives.
Pacman is one of the most interesting builders in crypto right now. After creating Blur, a disruptive NFT exchange that toppled the OpenSea empire, he's now targeting the L2 space with his new yield bearing L2 called Blast.
In this episode, we cover Pacman’s story, how he built Blur, how he pioneered points, and what's so special about Blast.
Bankless Citizens get Early Access to our Monday podcast and an exclusive Debrief conversation unpacking the episode 👇
Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop this week. Did you miss out again?
Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 80 other crypto protocols in Airdrop Hunter waiting for you.
Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time we may add links in this newsletter to products we use. We may receive a commission if you make a purchase through one of these links. Additionally, the Bankless team holds crypto assets.
